Trusted Insighthttp://thetrustedinsight.com/2017-08-14T15:44:13-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
San Bernardino County To Create $150M Account With Kayne Anderson
2017-08-14T15:44:13-04:00https://www.thetrustedinsight.com/investment-news/san-bernardino-county-to-create-150m-account-with-kayne-anderson-20170814452/
San Bernardino County Employees&rsquo; Retirement Association is planning to invest $150 million in real estate, debt and infrastructure through Kayne Anderson Capital Advisors.
UK Pension Funds Commit £370M To Senior Real Estate Debt Fund
2017-08-10T11:18:29-04:00https://www.thetrustedinsight.com/investment-news/uk-pension-funds-commit-370m-to-senior-real-estate-debt-fund-20170810428/
Four UK pension funds have committed &pound;370 million to&nbsp;ICG-Longbow&rsquo;s latest real estate debt fund.
​Louisiana Teachers To Invest $400M In Real Estate
2017-08-09T11:58:29-04:00https://www.thetrustedinsight.com/investment-news/louisiana-teachers-to-invest-400m-in-real-estate-20170809421/
Teachers&rsquo; Retirement System of Louisiana is favouring value-add strategies and debt investments as it plans to invest up to $400 million in real estate over the next 12 months. Investment consultant Hamilton Lane has identified value-add and debt investments as offering the best opportunities for Louisiana Teachers.
AMP Capital Invests In Mezzanine Infrastructure Debt Through Alterra Deal
2017-08-03T12:42:12-04:00https://www.thetrustedinsight.com/investment-news/amp-capital-invests-in-mezzanine-infrastructure-debt-through-alterra-deal-20170803340/
<p>AMP Capital is investing $21.1m (&euro;18m) in infrastructure debt with an extension of its existing financing facility to Canadian renewable energy firm Alterra Power.</p>
<p>The investment manager, which is a subsidiary of Australian pension provider AMP, said its infrastructure debt team had reached financial close on the debt investment expansion for British Columbia-headquartered Alterra.</p>
CPPIB Provides £250M Of Debt To Shopping Centre Operator Intu
2017-07-27T10:34:15-04:00https://www.thetrustedinsight.com/investment-news/cppib-provides-250m-of-debt-to-shopping-centre-operator-intu-20170727223/
<p>Canada Pension Plan Investment Board (CPPIB) has provided &pound;250m (&euro;218m) in debt to UK shopping&nbsp;centre&nbsp;owner and operator Intu.</p>
<p>The subordinated facility will support corporate business plans and is indirectly secured by the Intu Trafford Centre in Manchester.</p>
Family Offices Raise Private Equity Impact Investments
2017-06-23T15:10:23-04:00https://www.thetrustedinsight.com/investment-news/family-offices-raise-private-equity-impact-investments-20170623584/
A large portion of capital managed by fund managers making private equity impact investments is raised from family offices and high net worth individuals (HNWIs), new research finds. Up to 37% versus only 5% of the capital managed by private debt focused fund managers came from family offices and HNWIs, according to the seventh annual Impact Investor Survey 2017.
Pension Funds And Insurers Provide £1B In Funding For UK Rail Companies
2017-06-20T16:26:08-04:00https://www.thetrustedinsight.com/investment-news/pension-funds-and-insurers-provide-1b-in-funding-for-uk-rail-companies-20170620478/
<p>A consortium of pension funds and insurers has provided &pound;1bn (&euro;1.13bn) in debt and equity financing for UK train operators.</p>
<p>The financing, which included equity from UK local authority pension funds and Standard Life&rsquo;s infrastructure arm, will fund new Bombardier trains for FirstGroup and MTR.</p>
PE Firms Shy Away From Struggling Retail Industry
2017-06-19T17:10:04-04:00https://www.thetrustedinsight.com/investment-news/pe-firms-shy-away-from-struggling-retail-industry-20170619423/
The latest example came this week, when luxury clothing retailer Neiman Marcus opted to forego a sale to Canadian retailer Hudson&rsquo;s Bay Company (TSX: HBC) after discussions reportedly broke down earlier this week, as first reported by The Wall Street Journal. The biggest impediment appears to be the Neiman Marcus&rsquo;s massive debt load&mdash;it stands at $4.8 billion, per Reuters&mdash;that&rsquo;s mounted since Ares Management and Canadian public pension fund CPPIB acquired it from TPG and Warburg Pincus in a 2013 deal worth $6 billion.
EDHEC Launches Infrastructure Debt And Equity Indices
2017-06-13T16:51:05-04:00https://www.thetrustedinsight.com/investment-news/edhec-launches-infrastructure-debt-and-equity-indices-20170613314/
<p>EDHEC Infrastructure Institute-Singapore (EDHECinfra) is releasing 384 infrastructure debt and equity indices.</p>
<p>The indices are designed to change how investors measure infrastructure investment performance and allow multi-trillion dollar increases in allocation to infrastructure globally.</p>
Sovereign Wealth Funds Increasingly Looking To Private Debt
2017-06-13T11:50:50-04:00https://www.thetrustedinsight.com/investment-news/sovereign-wealth-funds-increasingly-looking-to-private-debt-20170613290/
Almost two-fifths of sovereign wealth funds are now actively investing into private debt, according to new research from data provider Preqin, and the proportion is growing. Some 39% of sovereign wealth funds (SWFs) now invest in the asset class, up five percentage points over just the past 12 months, Preqin details in its 2017 Preqin Sovereign Wealth Fund Review.&nbsp; In fact, the majority of SWFs with more than $10 billion in assets now allocate to the asset class, including two-thirds of those managing $250 billion or more, and all of those managing $100-249 billion.&nbsp; Interest in private debt as a...
Foreign Portfolio Investments Spurt More Than Three-fold In April-May
2017-06-12T16:42:36-04:00https://www.thetrustedinsight.com/investment-news/foreign-portfolio-investments-spurt-more-than-three-fold-in-april-may-20170612267/
Debt and equity investments by foreign portfolio investors stood at $7.6 billion for April-May this year, as against $1.96 billion last year.
ShoreVest Launches $750M Fund To Tap NPL Portfolios In China
2017-06-12T16:15:17-04:00https://www.thetrustedinsight.com/investment-news/shorevest-launches-750m-fund-to-tap-npl-portfolios-in-china-20170612256/
Private equity firm&nbsp;ShoreVest Capital&nbsp;Partners&nbsp;has floated a $750 million fund focused at the bad debt industry in China as non-performing loans (NPLs) continue to rise in the country, said a&nbsp;report&nbsp;in&nbsp;The Financial Times.
Nordstrom Buyout Climate Is Swept By Storms
2017-06-09T16:32:35-04:00https://www.thetrustedinsight.com/investment-news/nordstrom-buyout-climate-is-swept-by-storms-20170609226/
Retailers peers have hit turbulence going private, but the family ownership and light debt load could give the company an edge, cautious analysts say.
FS Investments Closes On Over $1.4B Of Middle Market Commitments In Q1
2017-06-09T16:30:12-04:00https://www.thetrustedinsight.com/investment-news/fs-investments-closes-on-over-14b-of-middle-market-commitments-in-q1-20170609224/
FS Investments, a leading alternative investment manager and the largest manager of business development companies (BDCs), announced that its BDC direct lending platform committed more than&nbsp;<span class="xn-money">$1.4 billion</span>&nbsp;in senior secured loans and other debt and equity financing to middle market companies in the first quarter of 2017. The directly originated investments supported seven new portfolio companies and provided financing to several existing portfolio companies during the quarter.
Hedge Funds Eye Local Newspaper Mega-mergers
2017-06-06T15:06:05-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-eye-local-newspaper-mega-mergers-20170606132/
<p><span class="m_first-letter m_first-letter--flagged">H</span>edge funds and restructuring experts are developing plans for a major consolidation of Britain&rsquo;s local newspaper industry, using the debt struggles of The Yorkshire Post publisher&nbsp;<a href="http://www.telegraph.co.uk/business/2017/05/15/johnston-press-backs-bonus-boost-bosses-debt-pressures-increase/">Johnston Press</a>&nbsp;as a catalyst.</p>
<p>The company&rsquo;s lenders are understood to be in talks with management and shareholders about pursuing potential mergers with rivals including Trinity Mirror and Newsquest, which is owned by the US newspaper group Gannett.</p>
BT Mulls Asset Deal To Address Pension Debt
2017-06-06T14:58:30-04:00https://www.thetrustedinsight.com/investment-news/bt-mulls-asset-deal-to-address-pension-debt-20170606128/
UK telecommunications company BT said in its most recent annual report that it was &ldquo;considering a number of options for funding the deficit&rdquo; of its &pound;50.1 billion ($64.3 billion) pension plan, which has grown to &pound;7.55 billion.
Kentucky Pensions Could Face Insolvency in Five Years
2017-06-06T11:43:46-04:00https://www.thetrustedinsight.com/investment-news/kentucky-pensions-could-face-insolvency-in-five-years-20170606124/
Kentucky’s retirement system faces a funding shortfall across its pension systems of $33 billion, and could face insolvency in just five years, according to an audit report from the PFM Group....
Bain Capital Credit, Investec Light Up CHAMP's Gerard
2017-06-05T14:33:13-04:00https://www.thetrustedinsight.com/investment-news/bain-capital-credit-investec-light-up-champs-gerard-20170605087/
Lenders to private equity-owned Gerard Lighting are close to sparking a deal, Street Talk can reveal. It is understood Bain Capital Credit&nbsp;and Investec&nbsp;are poised to sign a restructuring&nbsp;agreement as early as this week which will see the firms assume control of Australasia&#39;s largest lighting distribution and partnership network. As this column first reported, Bain Capital Credit increased its exposure to Gerard Lighting&#39;s debt stack in recent weeks, snapping up a $30 million loan from&nbsp;the leveraged finance arm of industrials giant Siemens.
BNP Paribas Creates Private Debt, Real Assets Group
2017-06-01T14:50:08-04:00https://www.thetrustedinsight.com/investment-news/bnp-paribas-am-creates-private-debt-and-real-assets-group-20170601034/
Real estate debt and infrastructure lending form part of new entity
India’s Bad Debt Is Looking Better To Investors
2017-05-30T10:27:58-04:00https://www.thetrustedinsight.com/investment-news/indias-bad-debt-is-looking-better-to-investors-20170530919/
Indian banks held about $105 billion in gross nonperforming loans as of Sept. 30, according to the Reserve Bank of India.&nbsp;These vultures are investors looking for opportunities in distressed assets and bad debts. For years they had avoided investing in India, put off by a creakingly slow legal system and a labyrinthine bureaucracy.
Hedge Fund Basks In World-Beating Surge For Greece's Markets
2017-05-23T16:56:03-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-basks-in-world-beating-surge-for-greeces-markets-20170523803/
The odyssey of Greece and its economic crisis has taken a positive turn in recent months, and hedge funds are among those reaping the rewards. Once the epicenter for the euro region&rsquo;s debt turmoil, Greece is now the top beneficiary of improved sentiment on Europe. The nation&rsquo;s stock market has a 23 percent return so far this year -- the developed world&rsquo;s best performer and twice the gain for the global benchmark. Similarly, its bonds are trouncing others in fixed-income markets. Besides benefiting from global flows into a euro-region economy that&rsquo;s on the mend and freeish -- for now --...
Why Infrastructure Investing Is Proving Popular With Investors
2017-05-19T16:36:54-04:00https://www.thetrustedinsight.com/investment-news/why-infrastructure-investing-is-proving-popular-with-investors-20170519713/
Infrastructure has become a key area of focus for institutional investors as they look to diversify their fixed income portfolios to access longer term, resilient credit opportunities for income-like returns. Within this asset class, infrastructure debt is on the rise as investment managers look to construct new debt vehicles: either to provide direct lending to infrastructure operators, to access well-established municipal bond markets, or to structure their own private lending programs by issuing tranches of unlisted bonds.
Why Family Offices Invest In Household Debt
2017-05-18T16:02:47-04:00https://www.thetrustedinsight.com/investment-news/why-family-offices-invest-in-household-debt-20170518645/
Bond investors typically own a combination of government and corporate debt instruments. Family offices understand there can be a third option - private debt - such as mortgage-backed securities. As governments and corporations have increased their debt levels this option is increasingly attractive.
Hedge Fund Founder: Global Economy Headed For Disruption
2017-05-17T11:16:04-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-founder-global-economy-headed-for-disruption-20170517592/
The global economy is chugging along &quot;at or near its best&quot; right now. But the longer term &quot;looks scary,&quot; writes Ray Dalio, founder, chairman and chief investment officer of Bridgewater Associates, one of the largest hedge funds in the world.He&#39;s fretted in the past over the potential for social upheaval caused by national financial policies and economic disruption. In his latest article, Dalio argues that while the outlook for both the U.S. and other economies &quot;looks good for the next year or two,&quot; he sees storm clouds on the horizon.&quot;We have a lot of debt and a lot of non-debt...
H/2 Capital Partners Aims To Raise $2B For Real Estate Debt Fund
2017-05-12T16:16:04-04:00https://www.thetrustedinsight.com/investment-news/h2-capital-partners-aims-to-raise-2b-for-real-estate-debt-fund-20170512466/
H/2 Capital Partners hopes to raise $2bn (&euro;1.84bn) next month for its latest real estate debt fund, according to one of its investors.
Hedge Funds Face Criminal Probe Over Bond Valuations
2017-05-12T14:16:05-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-face-criminal-probe-over-bond-valuations-20170512448/
US&nbsp;prosecutors are investigating one of Wall Street&#39;s darkest markets, focusing on hedge funds suspected of inflating the value of debt securities in their portfolios to juice the fees they collect. Having prosecuted traders who lied to customers about bond prices, the government is now scrutinising hedge funds that allegedly solicited bogus price quotes from brokers, according to three people familiar with the matter who asked not to be identified. Such a practice would have enabled the funds to pump up the value of illiquid securities on their books. The incentive to manipulate valuations has become more pronounced as investors have&nbsp;abandoned...
When Toiling in Obscurity Leads to Greatness
2017-05-11T11:16:53-04:00https://www.thetrustedinsight.com/investment-news/when-toiling-in-obscurity-leads-to-greatness-1-20170511408/
In its simplest form, a lack of information, for whatever reason, creates inefficiencies and anomalies in every facet of mankind.
None more so than in that magnificent beast we call the market…
Take present conditions for example:
Every Monday morning I compile a list of Bullish and Bearish Indicators for our Partners meeting.
At the beginning of May it looked something like this:
San Diego City To Invest $40M In Oaktree's US And European Debt Fund
2017-05-10T13:42:52-04:00https://www.thetrustedinsight.com/investment-news/san-diego-city-to-invest-40m-in-oaktrees-us-and-european-debt-fund-20170510379/
<p>San Diego City Employees&rsquo; Retirement System is planning to make a $40m (&euro;36.7m) commitment to Oaktree&rsquo;s Real Estate Debt Fund II.</p>
<p>The pension fund and its investment consultant Aon Hewitt believe real estate debt provides one of the more compelling strategies in the market today, according to a board meeting document from the pension fund.</p>
<p>Oaktree revealed last month, during a first-quarter-results announcement, that it had raised $800m for the fund.</p>
<p>In 2013, Oaktree raised $1.1bn for Real Estate Debt Fund I, and it is understood that the manager is looking to raise a similar amount for the new fund.</p>
Hudson's Bay Taps Debt Adviser Amid Neiman Marcus Bid Challenges
2017-05-08T16:23:21-04:00https://www.thetrustedinsight.com/investment-news/hudsons-bay-taps-debt-adviser-amid-neiman-marcus-bid-challenges-20170508278/
Canada&rsquo;s&nbsp;Hudson&rsquo;s Bay Co&nbsp;has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator&nbsp;Neiman Marcus Group, according to people familiar with the matter.
Heitman Launches Asia-Pacific Fund To Invest $500M In Debt And Equity
2017-05-05T13:06:06-04:00https://www.thetrustedinsight.com/investment-news/heitman-launches-asia-pacific-fund-to-invest-500m-in-debt-and-equity-20170505210/
Investment manager targets $500m for real estate fund after raising $100m in April
How Pension Funds Can Help Relieve Kenya’s Debt Burden
2017-05-04T11:51:06-04:00https://www.thetrustedinsight.com/investment-news/how-pension-funds-can-help-relieve-kenyas-debt-burden-20170504165/
Kenya&#39;s heavy debt burden could be managed without hurting ongoing execution of the mega infrastructure projects if the government taps into the multi-billion shilling pension funds.
Crescat: China To Devalue 30% Taking Down Canada And Australia With Them
2017-05-02T16:34:42-04:00https://www.thetrustedinsight.com/investment-news/crescat-china-to-devalue-30-taking-down-canada-and-australia-with-them-20170502074/
Crescat Capital Q1 letter to investors Also see 2017 Hedge Fund Letters Chinese Debt Collapse? On Par With Greece Like Wheel Out Of Control May 1, 2017 Dear Investors, By keeping interest rates on the world reserve currency too low [&acirc;Ś]
Blackstone's GSO Snaps Up J. Crew Debt In Restructuring Gambit
2017-05-01T15:18:45-04:00https://www.thetrustedinsight.com/investment-news/blackstones-gso-snaps-up-j-crew-debt-in-restructuring-gambit-20170501001/
GSO Capital Partners, private equity firm Blackstone Group LP&rsquo;s (BX.N) credit arm, is acquiring more of J. Crew Group Inc&rsquo;s debt, hoping for a profitable trade that could also give the U.S. fashion retailer more time to stave off bankruptcy, people familiar with the matter said. Sales have been declining as J. Crew, whose ballet flats and cashmere cardigans were once a staple of middle-class U.S. wardrobes, struggles to keep abreast of changing tastes and faces fierce competition from cheaper online retailers.&nbsp;
GPI Capital, GSO Capital Partners Co-Lead $140 Series F In Marketing Tech Startup
2017-04-28T15:22:50-04:00https://www.thetrustedinsight.com/investment-news/gpi-capital-gso-capital-partners-co-lead-140-series-f-in-marketing-tech-startup-20170428980/
Zeta Global, the data-driven marketing technology innovator whose SaaS-based marketing cloud helps leading brands acquire, retain and grow customer relationships, announced today that it has secured $140 million ($115 million in equity capital and $25 million in debt financing) in its Series F financing round from GPI Capital and funds sponsored by Franklin Square Capital Partners and sub-advised by GSO Capital Partners LP.
Rockpoint Group Pays $155M For 1221 Brickell Office Tower
2017-04-27T12:46:04-04:00https://www.thetrustedinsight.com/investment-news/rockpoint-group-pays-155m-for-1221-brickell-office-tower-20170427954/
Rockpoint Group just paid $155 million for 1221 Brickell, a 27-story office tower in Miami&acirc;s financial district, a newly recorded deed shows. The seller is the Blackstone Group, which owned the property through its Equity Office portfolio. Records show the firm&Acirc;&nbsp;paid $107.3 million for the building at 1221 Brickell Avenue in 2006 (It paid a total of $39 billion in debt and equity for the entire portfolio). The tower at 1221 Brickell was built in ... [more]
Chinese Institutions Miss Out On US Investment Banking Bonanza
2017-04-26T15:47:10-04:00https://www.thetrustedinsight.com/investment-news/chinese-institutions-miss-out-on-us-investment-banking-bonanza-20170426921/
<p>As scores of investment bankers profit from the fee bonanza offered by Chinese companies hunting for deals in the United States, one group is conspicuously absent &ndash; Chinese banks.</p>
<p>Despite their deep ties with Chinese firms, the country&rsquo;s largest state-owned banks are missing out on the hundreds of millions of dollars that Wall Street banks and their European rivals earn advising Chinese companies on acquisitions and share and debt sales.</p>
Dutch Group Unveils Fund Of Structured Credit Funds
2017-04-25T18:26:04-04:00https://www.thetrustedinsight.com/investment-news/dutch-group-unveils-fund-of-structured-credit-funds-20170425897/
Kempen Capital Management has launched a fund of structured credit funds to allow investors cost-efficient access to the securitised debt market, the Dutch company has announced. The Diversified Structured Credit Pool will target long-only structured credit funds, primarily from specialist companies GoldenTree, LibreMax and One Williams Street. This new approach will invest in investment grade and sub-investment grade bonds, with an expected interest rate duration of&nbsp;two to three years. It is expected to have a strong tilt towards US debt. Structured credit encompasses residential mortgages, commercial mortgages, senior secured loans and consumer loans. It is a $2.8 trillion market in...
Meet Paul Singer: The Billionaire Activist Investor Taking On BHP Billiton
2017-04-25T18:21:05-04:00https://www.thetrustedinsight.com/investment-news/meet-paul-singer-the-billionaire-activist-investor-taking-on-bhp-billiton-20170425894/
Wall Street hedge fund manager has form when chasing high returns from distressed debt to corporate takeovers.
Elliott Management: The Hedge Fund Not Afraid Of A Fight
2017-04-25T17:55:20-04:00https://www.thetrustedinsight.com/investment-news/elliott-management-the-hedge-fund-not-afraid-of-a-fight-20170425885/
Amid a spate of high-profile fights in the business world, one New York hedge fund has thrown a lot of punches. Elliott Management, which oversees about $30 billion worth of assets, has earned a reputation over 40 years as a no-holds-barred activist investor, with an unusually large appetite for public face-offs. The firm famously pursued Argentine debt for more than a decade, seizing one of the country&#39;s naval ships while it was docked in Ghana and prompting the country to default. In the UK, it also intervened in coach operator National Express and fought supermarket Tesco for damages stemming from...
IFM Investors And Samsung Partner For Infrastructure Fund
2017-04-20T10:55:13-04:00https://www.thetrustedinsight.com/investment-news/ifm-investors-and-samsung-partner-for-infrastructure-fund-20170420740/
The US$480 million fund will be jointly managed by IFM Investors and Samsung Asset Management to invest in overseas infrastructure debt assets on behalf of Korean institutional investors.
Hedge Funds Are Missing Out On China-Stock Surge
2017-04-14T15:46:04-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-are-missing-out-on-china-stock-surge-20170414593/
NETRALNEWS.COM - Chinese stocks&rsquo; banner year is failing to persuade major foreign investors like big hedge funds. They&rsquo;re wary for reasons including China&rsquo;s slowing economy, growing debt and history of market crashes. There are fears, too, of a U.S.-China trade war. Others say they are finding surer, if less dramatic, gains closer to home&mdash;from U.S. stocks, for example, up 5.1% in 2017. But the funds are being smoked by Chinese stocks. The average global hedge fund was up 2.3% through April 7, according to Chicago-based Hedge Fund Research, Inc., while the MSCI China index, which mostly tracks Chinese companies listed...
Washington State To Invest $850M In Real Estate Debt
2017-04-12T16:51:06-04:00https://www.thetrustedinsight.com/investment-news/washington-state-to-invest-850m-in-real-estate-debt-20170412513/
<p>Washington State Investment Board is planning to invest $850m (&euro;801m) in real estate debt through Calzada Capital Partners.</p>
Altico Capital To Raise Property Fund This Year
2017-04-12T16:36:06-04:00https://www.thetrustedinsight.com/investment-news/altico-capital-to-raise-property-fund-this-year-20170412508/
Altico Capital, a non-banking financial company, wants to raise multiple tranches of money for a real estate private equity fund from both domestic and international investors this year.Altico has been promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners. It does structured debt deals and competes with the likes of HDFC and LIC Housing Finance, beside NBFCs run by Piramal, KKR and Edelweiss, among others, in lending to property developers. &quot;We have applied for an AIF (alternative investment fund) licence from Sebi (the markets regulator). We are looking to raise funds from investors in the first half of...
Inside Paul Singer's Elliott Management stalking BHP Billiton
2017-04-12T11:29:27-04:00https://www.thetrustedinsight.com/investment-news/inside-paul-singers-elliott-management-stalking-bhp-billiton-20170412497/
If hedge fund Elliott Management's activist investor play book is any guide, BHP Billiton's board and chief executive Andrew Mackenzie may need to brace for an arduous tussle over the elaborate overhaul demands the New York firm has sprung on the iconic Australian resources giant.
Australia’s Biggest Pension Fund Eyes US Infrastructure Investments
2017-04-11T11:14:21-04:00https://www.thetrustedinsight.com/investment-news/australias-biggest-pension-fund-eyes-us-infrastructure-investments-20170411448/
President Donald Trump&rsquo;s plan to fix America&rsquo;s crumbling infrastructure with&nbsp;$1 trillion of private and public investment over a decade is drawing interest from 10,000 miles away. AustralianSuper Pty, Australia&rsquo;s biggest pension fund with over A$100 billion ($75 billion) in assets, is eyeing the U.S. market for infrastructure debt and equity investment prospects, said&nbsp; Mark Delaney, its Melbourne-based chief investment officer.
Penfund Backs Launch Of Aveanna With $75M Investment
2017-04-10T17:51:23-04:00https://www.thetrustedinsight.com/investment-news/penfund-backs-launch-of-aveanna-with-75m-investment-20170410412/
Canadian private equity firm&nbsp;Penfund has made a US$75 million second-lien debt investment in&nbsp;Aveanna Healthcare, an Atlanta, Georgia-based pediatric home healthcare company serving&nbsp;medically fragile children.&nbsp;
Hedge Fund Looks To Take Control Of Adeptus Health As Bankruptcy Looms
2017-04-07T15:26:05-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-looks-to-take-control-of-adeptus-health-as-bankruptcy-looms-20170407327/
New York City-based hedge fund Deerfield Management has purchased Lewisville, Texas-based Adeptus Health&#39;s outstanding debt and expects to provide additional financing and operational support to the struggling freestanding ER operator during its anticipated Chapter 11 bankruptcy case.
How Hewlett Foundation Positions Portfolio For The Unpredictable Future | Exclusive Q&A With CIO Ana Marshall - Part II
2017-04-07T11:16:28-04:00https://www.thetrustedinsight.com/investment-news/how-hewlett-foundation-positions-portfolio-for-the-unpredictable-future-exclusive-qa-with-cio-ana-marshall-part-ii-20170407302/
<p dir="ltr">2016 was a peculiar yet interesting year for institutional investors -- index funds outperformed active equity managers; geopolitical factors such as the U.S. election, Brexit and political turbulences in European countries rattled the macroeconomic environment, making investing ever unpredictable and challenging for institutional investors.</p>
<p dir="ltr">In part two of Trusted Insight&rsquo;s interview with Ana Marshall, chief investment officer of the William and Flora Hewlett Foundation, Marshall discusses these topics, her outlook on return prospect and interest rates, and her strategy to guard Hewlett Foundation&rsquo;s portfolio against risks and uncertainties.</p>
More Asian Investors Eyeing Infrastructure Projects
2017-04-06T10:49:08-04:00https://www.thetrustedinsight.com/investment-news/more-asian-investors-eyeing-infrastructure-projects-20170406263/
<p>Record low yields and negative interest rates are pushing investors from Japan to China into funding infrastructure projects across the globe to bolster ailing income, according to Australia&#39;s biggest listed wealth manager AMP.</p>
<p>Asian pension funds and insurers are ramping up investments in infrastructure debt around the world, as they seek to combat waning returns from traditional fixed income assets, said Ms Kerry Ching, managing director for Asia of the firm&#39;s investment arm, AMP Capital Investors.</p>
<p>The number of Asian investors in AMP&#39;s infrastructure debt strategies has more than tripled since 2012.</p>
$125B Manager Says Asia Investors Are Flocking To Infrastructure
2017-04-05T18:10:18-04:00https://www.thetrustedinsight.com/investment-news/125b-manager-says-asia-investors-are-flocking-to-infrastructure-20170405247/
Record low yields and negative interest rates are pushing investors from Japan to China into funding infrastructure projects across the globe to bolster ailing income, according to Australia&rsquo;s biggest listed wealth manager AMP Ltd. Asian pension funds and insurers are ramping up investments in infrastructure debt around the world including mezzanine offerings as they seek to combat waning returns from traditional fixed income assets, said Kerry Ching, managing director for Asia of the company&rsquo;s investment arm, AMP Capital Investors.&nbsp;
Carlyle Group Poised To Rescue Struggling Pre-Financial Crisis Investment
2017-04-05T18:04:57-04:00https://www.thetrustedinsight.com/investment-news/carlyle-group-poised-to-rescue-struggling-pre-financial-crisis-investment-20170405239/
Private equity giant The Carlyle Group is in the midst of a rescue mission for one of its more troubled portfolio companies. Sequa Corp faces the maturity of $1.7 billion in debt this year that it has been unable to refinance without an additional equity injection from Carlyle.
Iowa PERS To Begin Search For $250M Real Estate Debt Mandate
2017-04-03T11:50:25-04:00https://www.thetrustedinsight.com/investment-news/iowa-pers-to-begin-search-for-250m-real-estate-debt-mandate-20170403103/
<p>Iowa Public Employees Retirement System (Iowa PERS) is looking for an investment manager for a $250 million (&euro;232 million) real estate debt strategy.</p>
<p>The $28.54 billion pension fund is planning to issue a request for proposal (RFP) in the coming months, according to a board meeting document.</p>
<p>The investment will form part of its private credit allocation. The pension fund is also issuing an RFP for a private corporate-lending strategy of a similar size.</p>
<p>The real estate debt strategy will have the flexibility to include core and opportunistic investments.</p>
ConocoPhillips Sells Oil And Gas Assets To Cenovus For $13.3B
2017-03-31T15:40:12-04:00https://www.thetrustedinsight.com/investment-news/conocophillips-sells-oil-and-gas-assets-to-cenovus-for-133b-20170331085/
For Calgary-based Cenovus, among Canada's largest producers, the deal doubles its production to 588,000 barrels of oil equivalent per day as it takes full ownership of its main oil sands assets in no...
ConocoPhillips Divests Canadian Oil Sands Assets To Cenovus Energy For $13.3B
2017-03-31T15:13:04-04:00https://www.thetrustedinsight.com/investment-news/conocophillips-divests-canadian-oil-sands-assets-to-cenovus-energy-for-133b-20170331076/
In a bid to slash its debt and improve share repurchases, U.S. multinational energy firm ConocoPhillips (NYSE:COP) agreed to divest a large chunk of its Canadian assets to Cenovus Energy Inc. (NYSE:CVE) in a cash and stock deal valued at $13.3 billion. The transaction, which was dubbed by both companies as transformational, covers ConocoPhillips&rsquo; 50% [&hellip;]
Carlyle Extends Private Equity Oil Rush With $587M Shell Deal
2017-03-31T11:00:40-04:00https://www.thetrustedinsight.com/investment-news/carlyle-extends-private-equity-oil-rush-with-587m-shell-deal-20170331052/
Private equity funds have increased their presence in oil exploration and production outside the United States since the 2014 collapse in oil prices, snapping up assets from oil companies seeking to reduce debt and narrow operations.
Private Equity Is Raising Its Bets To Save Distressed Positions
2017-03-30T16:35:05-04:00https://www.thetrustedinsight.com/investment-news/private-equity-is-raising-its-bets-to-save-distressed-positions-20170330039/
<p>In a casino, doubling down can be dangerous. But in private equity, it&rsquo;s increasingly becoming the best way to eke out a profit on a bet turned bad.</p>
<p>From&nbsp;Apollo Global&nbsp;Management LP&nbsp;to&nbsp;Bain Capital&nbsp;to Thomas H. Lee Partners, investors have bought hundreds of millions of dollars of debt in struggling businesses they took private, giving them positions as both stockholders and creditors.</p>
Novus Capital Group Merges With Super G Capital
2017-03-29T16:56:26-04:00https://www.thetrustedinsight.com/investment-news/novus-capital-group-merges-with-super-g-capital-20170329976/
Novus Capital Group announced that it has merged with Super G Capital of Newport Beach, California.&nbsp;&nbsp;John Saefke, CEO of Novus Capital, will lead the venture debt and technology lending practice as a division of Super G Capital. &nbsp;Founded in 2013, Novus Capital has provided customized financing solutions to 70 emerging technology companies that are sponsored by Angel or Venture Capital investors. &nbsp;Super G Capital, which started in 2008, has loaned approximately&nbsp;$200 million&nbsp;through its four lending divisions.&nbsp; Super G Capital provides a robust platform of non-dilutive, flexible funding solutions for growth stage entrepreneurial companies.
Hedge Fund Sees 21% Returns on Advice From Nobel Prize Pickers
2017-03-28T17:00:11-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-sees-21-returns-on-advice-from-nobel-prize-pickers-20170328937/
If you’re investing in health care stocks, you’d better ask the experts.
Thanks to the advice from a range of professors, Swedish hedge fund Rhenman Healthcare Equity L/S has delivered an average annual return of 21 percent since it started in 2009. Asking clinical expertise before investing in complex products is a must for Henrik Rhenman, who manages the 460 million-euro ($500 million) fund.
FS Investments Launches New Energy-Focused Total Return Interval Fund
2017-03-28T10:55:04-04:00https://www.thetrustedinsight.com/investment-news/fs-investments-launches-new-energy-focused-total-return-interval-fund-20170328886/
Alternative asset manager FS Investments has debuted its first closed-end interval fund in partnership with Chicago-based Magnetar Capital that will invest in&nbsp;the equity and debt securities of both public and private energy and energy infrastructure companies.read more
Pricoa Capital Invests In 118 Group
2017-03-27T17:42:04-04:00https://www.thetrustedinsight.com/investment-news/pricoa-capital-invests-in-118-group-20170327860/
Pricoa Capital Group, the private debt and risk capital investment arm of&nbsp;PGIM Inc, has invested in&nbsp;118 Group Ltd. Financial terms weren&rsquo;t announced. Cofounders&nbsp;Paul Spinks&nbsp;and&nbsp;Patrick Bradshaw&nbsp;will retain stakes in the company. 118 Group, of the U.K., updates and maintains a database of almost two million UK business records. Pricoa&rsquo;s investment is comprised of senior debt, a senior accordion, subordinated notes and preferred equity. Pricoa Capital is the investment management business of&nbsp;Prudential Financial Inc.
Ares Capital, Kreos Capital and Davidson Technology Co-Lead $70M Round In Soundcloud
2017-03-24T09:45:29-04:00https://www.thetrustedinsight.com/investment-news/ares-capital-kreos-capital-and-davidson-technology-co-lead-70m-round-in-soundcloud-20170324813/
Soundcloud, the popular but unprofitable platform that lets creators&nbsp;post and share music and other audio files &mdash; may have been unsuccessful in closing a new $100 million round of funding, but it&rsquo;s not running out of money soon. The company has secured&nbsp;a $70 million round of debt funding from three new investors &mdash; Ares Capital, Kreos Capital, and Davidson Technology.
RXR, David Werner Secure $1.4B Refi For 5 Times Square
2017-03-21T15:08:06-04:00https://www.thetrustedinsight.com/investment-news/rxr-david-werner-secure-14b-refi-for-5-times-square-20170321718/
Scott Rechler&rsquo;s RXR Realty and investor David Werner refinanced their 5 Times Square office tower with a $1.4 billion debt package from Morgan Stanley. The new debt replaces the original building loan, also worth $1.4 billion, which had been securitized in two pieces. Public records show RXR Realty refinanced $782M of that existing loan at the address, the headquarters of the Ernst &amp; Young accounting firm. But a source who spoke with the Commercial Observer [&hellip;]
A New Breed Of Sovereign Wealth Fund Is Emerging From Nations In Deep Debt
2017-03-20T09:43:58-04:00https://www.thetrustedinsight.com/investment-news/a-new-breed-of-sovereign-wealth-fund-is-emerging-from-nations-in-deep-debt-20170320644/
Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging &ndash; in countries with large deficits and deep debt. Sovereign wealth funds (SWFs), which first emerged in the 1950s, are traditionally associated with huge financial firepower. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by snapping up stakes in multinational companies and landmark real estate in cities from London to Melbourne.
The 34-Year-Old Hedge Fund Manager Who Bet Everything On A Stock That Tanked
2017-03-17T16:46:04-04:00https://www.thetrustedinsight.com/investment-news/the-34-year-old-hedge-fund-manager-who-bet-everything-on-a-stock-that-tanked-20170317634/
Vadim Perelman was a young hedge fund hot shot not so long ago, overseeing an $850 million portfolio at the age of 31, hopping on corporate boards, and issuing lengthy slide presentations about his favorite stock picks. But then Perelman&nbsp;placed an enormous bet on a single company, Walter Investment Management. This week Walter Investment Management, a Tampa, Fla., mortgage servicer and nonbank lender, said it lost $529 million last year and recently hired restructuring experts to figure out a way to reduce the company&rsquo;s crippling debt load. The news was bad for the mortgage servicer&rsquo;s shareholders, but it was particularly...
Ex-Perry CIO Russekoff Launches New Distressed Fund
2017-03-16T16:25:51-04:00https://www.thetrustedinsight.com/investment-news/ex-perry-cio-russekoff-launches-new-distressed-fund-20170316551/
Former Perry Capital executive David Russekoff has reportedly launched a new hedge fund firm that will concentrate on global distressed equity and debt securities.read more
PIC Invests £93M In Welsh Housing Partnership Debt
2017-03-15T18:31:04-04:00https://www.thetrustedinsight.com/investment-news/pic-invests-93m-in-welsh-housing-partnership-debt-20170315524/
Pension Insurance Corporation has invested &pound;93 million in secured debt issued by the Welsh Housing Partnership, which was set up as a strategic initiative for delivering new affordable housing for four housing associations, supported by the Welsh Government.
Allianz Real Estate Plans To Expand UK Debt Investments
2017-03-15T18:26:04-04:00https://www.thetrustedinsight.com/investment-news/allianz-real-estate-plans-to-expand-uk-debt-investments-20170315521/
&nbsp;Allianz Real Estate is planning to increase its debt investments in the UK, following its participation in the financing of London office tower.
<p>The property of arm of German insurer Allianz said it will focus on lending to buyers of core office, retail and logistics assets in the UK.</p>
BlackRock Strikes Infra Debt Financing Deal With Sweden’s Ellevio
2017-03-15T15:41:04-04:00https://www.thetrustedinsight.com/investment-news/blackrock-strikes-infra-debt-financing-deal-with-swedens-ellevio-20170315503/
Lending to electricity distributor to give infrastructure clients long-term stable cashflows
Neiman Marcus Says It Is Exploring Options, Including A Sale
2017-03-15T10:30:25-04:00https://www.thetrustedinsight.com/investment-news/neiman-marcus-says-it-is-exploring-options-including-a-sale-20170315468/
<p>Luxury fashion retailer&nbsp;Neiman Marcus Group Ltd LLC&nbsp;said on Tuesday that it was exploring strategic alternatives, including changes to its capital structure or a sale of the company, as it seeks relief from its swelling debt pile.</p>
<p>The announcement follows a&nbsp;Reuters&nbsp;report earlier this month that the company had&nbsp;turned to&nbsp;investment bank&nbsp;Lazard Ltd&nbsp;to explore ways to bolster its balance sheet. Neiman Marcus has total liabilities of US$6.4 billion, including US$1.2 billion of deferred income taxes.</p>
Monitoring Key As Risk Creeps Into Managers’ Direct Lending Strategies
2017-03-15T10:26:02-04:00https://www.thetrustedinsight.com/investment-news/monitoring-key-as-risk-creeps-into-managers-direct-lending-strategies-20170315462/
Increasingly complex models of unitranche loan agreements are being brought to market by managers offering direct lending products, a research paper has found, demanding careful governance from pension scheme investors.&nbsp;Private debt, both as direct lending and leveraged loans syndicated by banks, has become an increasingly attractive asset class in the hunt for greater yields.
Investors Gain Ground In Push For Lower Private Debt Costs
2017-03-10T16:01:54-05:00https://www.thetrustedinsight.com/investment-news/investors-gain-ground-in-push-for-lower-private-debt-costs-20170310386/
Management fees charged by some 2016 vintage private debt funds reached an eight-year low last year, after four years of falling fees for funds in the sector, according to alternative assets data and analysis firm Preqin.
Aquion, The Advanced Battery Startup Funded By Bill Gates And Kleiner Perkins, Is Bankrupt
2017-03-08T15:53:33-05:00https://www.thetrustedinsight.com/investment-news/aquion-the-advanced-battery-startup-funded-by-bill-gates-and-kleiner-perkins-is-bankrupt-20170308264/
Shortly after receiving an award from the Cleantech Group for North American company of the year (yet another kiss of death), Aquion declared bankruptcy. Aquion raised a total of $190 million in venture capital and debt for its saltwater batteries intended for long-duration storage. Having an impressive list of investors just doesn&#39;t translate to market success.
Santander's UK Pension Chief Investment Officer Exits
2017-03-07T16:25:26-05:00https://www.thetrustedinsight.com/investment-news/santanders-uk-pension-chief-investment-officer-exits-20170307214/
<p>Antony Barker, head of pensions and chief investment officer at Santander&#39;s UK pension fund, is set to leave the group.</p>
South Koreans Surge Into Real Estate Debt
2017-03-06T15:31:04-05:00https://www.thetrustedinsight.com/investment-news/south-koreans-surge-into-real-estate-debt-20170306165/
South Korea is experiencing a surge of interest in real estate debt as the country continues another record year in outbound real estate investment. Real Capital Analytics (RCA) has revealed that net acquisitions by South Korean investors was likely to have hit US$4.6 billion last year, with additional real estate transactions worth US$2.5 billion finalised when 2016 wrapped up. And 88 percent of South Korean investors are already planning to invest in real estate debt in the next 12 to 18 months according to a recent survey done by ANREV as bond yields remain compressed. &ldquo;As governments around the world...
Greece Debt Relief Going Directly To Hedge Funds As Greek Poverty Rates Soar
2017-03-03T15:41:03-05:00https://www.thetrustedinsight.com/investment-news/greece-debt-relief-going-directly-to-hedge-funds-as-greek-poverty-rates-soar-20170303080/
<p>The problem with selling sovereign debt to the private sector is that countries may end up finding themselves being held to ransom by better equipped and more experienced&nbsp;<a href="http://www.valuewalk.com/2017/02/triarii-capital-klarman/">distressed debt funds</a>, who are rarely willing to accept a haircut.</p>
Investors ‘On Drugs’ As Low Rates Fuel Prices, Stahlberg Says
2017-03-02T15:49:23-05:00https://www.thetrustedinsight.com/investment-news/investors-on-drugs-as-low-rates-fuel-prices-stahlberg-says-20170302049/
Near-zero rates have fueled high prices globally across equity and debt markets. While private equity investors have seized on soaring markets to offload holdings and distribute hundreds of billions of dollars to clients in recent years, they now find themselves in a difficult position to deploy record levels of dry powder. And when they do, they&rsquo;ve been paying for companies at record multiples of cash flow, according to consulting firm Bain &amp; Co.
The Top Hedge Funds Of 2016 Share Their Best Bets For This Year
2017-03-01T10:45:30-05:00https://www.thetrustedinsight.com/investment-news/the-top-hedge-funds-of-2016-share-their-best-bets-for-this-year-20170301971/
To find out what hedge fund managers are looking out for in 2017, we asked several who topped Bloomberg’s 2016 global ranking of the 50 best-performing hedge funds with more than $1 billion in assets. After riding a jump in equities, oil and high-yield debt in the past year, some of the managers see more opportunity in commodities, energy and corporate debt.
Oaktree Capital's Howard Marks On What Matters Most | Podcast
2017-02-24T09:03:18-05:00https://www.thetrustedinsight.com/investment-news/oaktree-capitals-howard-marks-on-what-matters-most-podcast-20170224822/
Marks formed Oaktree Capital with his partners in 1995, running high-yield bonds, distressed debt, private equity, and other credit based&nbsp;strategies. Oaktree now manages 22 separate debt funds, totaling over $100 billion dollars in AUM. Their returns have averaged over&nbsp;19% per year&nbsp;after&nbsp;fees&nbsp;over the past 22 years. That&rsquo;s is by any measure an amazing track record.
Allianz Real Estate Enters Spanish Office Market With €155m Loan
2017-02-17T17:05:10-05:00https://www.thetrustedinsight.com/investment-news/allianz-real-estate-enters-spanish-office-market-with-155m-loan-20170217626/
<p>The loan is the third real estate debt transaction by Allianz Real Estate in Spain and its first office loan in the Spanish market.</p>
Hedge Funds Enter 2017 On Positive Note With 0.84 Gains
2017-02-16T16:49:21-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-enter-2017-on-positive-note-with-084-gains-20170216581/
Among regional mandates, Latin American hedge fund managers topped the tables, gaining 3.47% while event driven managers posted the best returns, up 1.95% among strategic mandates. Financial markets ...
Hedge Fund Night Square To shut, Founders Move To Citadel
2017-02-16T16:47:48-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-night-square-to-shut-founders-move-to-citadel-20170216580/
<p>Neel Parekh and Michael Berkley co-founded the New York-based hedge fund in 2015 and invested roughly $200 million.</p>
<p>Night Square specialized in picking consumer stocks and at the end of last year, its biggest holdings included Dick&#39;s Sporting Goods, Inc, Jack in the Box, Inc and Lowe&#39;s Companies Inc, according to a recent regulatory filing.</p>
Why Pension Funds Invest In Emerging Market Debt
2017-02-16T15:16:47-05:00https://www.thetrustedinsight.com/investment-news/why-pension-funds-invest-in-emerging-market-debt-20170216552/
Mark Fawcett, chief investment officer of the UK&#39;s National Employment Savings Trust, discusses the outlook for emerging market debt with Owen Walker.&nbsp;
From Boom To Bust? Farmlands Are In Trouble
2017-02-10T12:42:39-05:00https://www.thetrustedinsight.com/investment-news/from-boom-to-bust-farmlands-are-in-trouble-20170210365/
Many farmers are facing higher debt as a multiyear drop in prices for corn, wheat, and other commodities plagues on. That is pushing more farmers out of business. The Farm Belt will soon have fewer than 2 million farms, the lowest in years.&nbsp;
Senior Deutsche Debt Banker Quits For Top Hedge Fund
2017-02-10T11:50:11-05:00https://www.thetrustedinsight.com/investment-news/senior-deutsche-debt-banker-quits-for-top-hedge-fund-20170210363/
The exits keep coming at Deutsche Bank, and they&#39;re not all involuntary.
Ray Dalio Predicts Bleak Future For Markets
2017-02-09T16:51:21-05:00https://www.thetrustedinsight.com/investment-news/ray-dalio-predicts-bleak-future-for-markets-20170209348/
Now Dalio has a new warning for anyone who’s willing to listen.
In October he admonished a room full of central bankers in New York that there was simply too much debt in the world.
At the time, total global debt was an astounding $152 trillion.
Total debt has now risen to $217 trillion, according to a report published last month by the Institute for International Finance.
And as Dalio points out, this has consequences.
Breakout Capital – a Leading FinTech Company Providing Working Capital Solutions to Small Businesses – Secures Credit Facility with Drift Capital Partners
2017-02-09T16:29:26-05:00https://www.thetrustedinsight.com/investment-news/breakout-capital-a-leading-fintech-company-providing-working-capital-solutions-to-small-businesses-secures-credit-facility-with-drift-capital-partners-20170209344/
“We have enjoyed a long-standing financial partnership with Drift, and we appreciate the continued trust they have placed in us with this new credit facility. Drift’s facility will further bolster o...
Alibaba's Ant Financial To Raise As Much As $3B In Debt
2017-02-09T14:03:45-05:00https://www.thetrustedinsight.com/investment-news/alibabas-ant-financial-to-raise-as-much-as-3b-in-debt-20170209334/
China&#39;s most valuable online finance company, Ant Financial, is in early stage talks with banks to raise between $2 billion to $3 billion in debt to fund acquisitions and foreign investments.&nbsp;
Silicon Valley Bank, Vector Capital Finance $60M Deb For Media Intelligence Startup
2017-02-09T14:00:27-05:00https://www.thetrustedinsight.com/investment-news/silicon-valley-bank-vector-capital-finance-60m-deb-for-media-intelligence-startup-20170209332/
Meltwater, a global leader in media intelligence solutions, today announced it has closed a $60M debt funding round with&nbsp;Silicon Valley Bank&nbsp;and&nbsp;Vector Capital&nbsp;in order to ramp up strategic acquisitions.
Seth Klarman Foresees Dark Days For Hedge Funds Under Trump
2017-02-07T12:32:30-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-industrys-quietest-star-foresees-dark-days-for-economy-markets-hedge-funds-20170207236/
A private letter he wrote to his investors a little over two weeks ago about investing during the age of President Trump &mdash; and offering his thoughts on the current state of the hedge fund industry &mdash; has quietly become the most sought-after reading material on Wall Street.
Endowment Sees Small Investment Growth But Still Beats National Average
2017-02-07T11:49:05-05:00https://www.thetrustedinsight.com/investment-news/endowment-sees-small-investment-growth-but-still-beats-national-average-20170207233/
The University’s financial foundation brought in more revenue than colleges nationally did on average....
Pension Boards Must Get Real When It Comes To Numbers And Challenges
2017-02-07T11:47:07-05:00https://www.thetrustedinsight.com/investment-news/pension-boards-must-get-real-when-it-comes-to-numbers-and-challenges-20170207231/
Public pensions continue to be a massive burden to taxpayers at the city, county and state level. In fact, unfunded liabilities are a major cause of decaying or delayed infrastructure, crowded and de...
New Mexico PERA Invests In Cheyne Capital £500M European Real Estate Debt Fund
2017-01-31T09:41:27-05:00https://www.thetrustedinsight.com/investment-news/new-mexico-pera-invests-in-cheyne-capital-500m-european-real-estate-debt-fund-20170131992/
<p>The Public Employees Retirement Association of New Mexico approved a &pound;72m commitment to the Cheyne Real Estate Credit Holdings Fund V vehicle at its board meeting last week.</p>
Private Equity Real Estate Funds To Target Alternative Assets, Debt In 2017
2017-01-31T09:38:52-05:00https://www.thetrustedinsight.com/investment-news/private-equity-real-estate-funds-to-target-alternative-assets-debt-in-2017-1-20170131989/
Private equity investors will have close to a record level of capital at their disposal in 2017, with an aggregate amount of $237 billion raised for investment in commercial real estate globally, according to London-based research firm Preqin. The figure is just shy of the post-financial-crisis high of $241 billion spent by private equity real estate fund managers globally in acquiring assets in 2015, according to Andy Moylan, head of real estate products at Preqin. But it&rsquo;s above the 2016 total of $202 billion in investments.&nbsp;
AEW Europe, Natixis Raise €400M For Real Estate Debt Fund
2017-01-27T16:10:11-05:00https://www.thetrustedinsight.com/investment-news/aew-europe-natixis-raise-400m-for-real-estate-debt-fund-20170127926/
<p>The&nbsp;Senior European Loan Fund II, launched in March last year, is aiming for &euro;750m in commitments from&nbsp;institutional investors. A third close is due this year.</p>
MetLife Raises $800M For US Real Estate Debt Fund
2017-01-26T17:45:11-05:00https://www.thetrustedinsight.com/investment-news/metlife-raises-800m-for-us-real-estate-debt-fund-20170126877/
MetLife Real Estate Investors has raised $800m (&euro;744.3m) for its MetLife Commercial Mortgage Income Fund, according to sources familiar with the manager&rsquo;s capital raising activities.
Hedge Fund Taking Over Salon Media
2017-01-26T15:45:11-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-taking-over-salon-media-20170126863/
Spear Point is going to officially assume control of the Salon Media board Friday and Silicon Valley billionaire John Warnock, a co-founder of Adobe, is expected to step down as chairman, The Post has learned. Warnock and another member of Silicon Valley royalty, Bill Hambrecht, had been funding the left-leaning news and opinion site for years. In a shakeup in November, Warnock, Hambrecht and other debt holders swapped their debt for equity. Warnock ended up with 50 percent of the common stock. Hambrecht who was an advisor to IPOs for Apple, Google and countless others, ended up with 32 percent...
Private Equity Real Estate Funds To Target Alternative Assets, Debt In 2017
2017-01-25T15:10:30-05:00https://www.thetrustedinsight.com/investment-news/private-equity-real-estate-funds-to-target-alternative-assets-debt-in-2017-20170125835/
At the current stage in the U.S. real estate cycle, it&#39;s becoming tough to find value, so private equity investors may be more likely to target value-add and opportunistic assets.&nbsp;
TH Real Estate Launches $1B JV With Korean KTCU, Closes UK Debt Fund
2017-01-25T14:40:11-05:00https://www.thetrustedinsight.com/investment-news/th-real-estate-launches-1b-jv-with-korean-ktcu-closes-uk-debt-fund-20170125809/
TH Real Estate, the real estate arm of&nbsp;TIAA Global Asset Management&nbsp;and the Korean Teachers Credit Union (KTCU), will establish a new joint venture (JV) to&nbsp;invest up to $1 billion in US commercial real estate loans.&nbsp;
Connected Doorbell Startup Raises $109M Series D From DFJ, Goldman Sachs, Qualcomm, Others
2017-01-25T12:31:11-05:00https://www.thetrustedinsight.com/investment-news/connected-doorbell-startup-raises-109m-series-d-from-dfj-goldman-sachs-qualcomm-others-20170125802/
The new year is setting off on a similar footing, with connected doorbell startup&nbsp;Ring&nbsp;announcing a fresh $109 million investment: a series D round led by DFJ Growth, Goldman Sachs Investment Partners, and Qualcomm Ventures, with participation from entrepreneur Richard Branson, American Family Insurance, Shea Ventures, and True Ventures, among others. The funding round also includes&nbsp;a debt element from Silicon Valley Bank.
Marcato Capital Urges Virtus To Use Cash To Buy RidgeWorth
2017-01-25T11:29:07-05:00https://www.thetrustedinsight.com/investment-news/marcato-capital-urges-virtus-to-use-cash-to-buy-ridgeworth-20170125796/
The deal could add more than 50 percent to Virtus' earnings,
significantly more than the fund manager's expectation of more
than 15 percent, if cash at hand was used to fund the deal,
Marcato said....